Enmax EasyMax - Fixed Vs. Variable

[suntan]

Originally posted by codetrap
EasyMax: Floating Electricity
EasyMax: Floating Gas + 47¢/GJ Transaction Fee
With the EasyMax Rewards grandfathered in.

The guy on the phone to enmax gave this to me.. told me it was the best they could do back in march last year when I switched to floating.

47 cents/GJ is what I pay in transaction fees, is that supposed to be a deal or something?

[jwslam]

Originally posted by suntan
47 cents/GJ is what I pay in transaction fees, is that supposed to be a deal or something?

yes. fairly sure mine is $.99 per

[codetrap]

.

[drtoohotty1]

Originally posted by codetrap


http://www.atcoenergy.com/home/about.html

These guys are brand new eh?

Can you post the sum of all your rate riders/ fees etc?

Haven't switched over yet just say the deal over on RFD and thought I would pass it along

[suntan]

Originally posted by jwslam

yes. fairly sure mine is $.99 per

Wow, took a look around some providers, .89 cents seems to be the norm now.

[sabad66]

Originally posted by codetrap

I think the best route is to call Enmax and ask for a $100 off my next bill, then I'm ahead of the game for a year.

Let us know if that works for you.

[nagooro]

Bump...need to setup gas and electricity next week. Looking at historical data, is easymax floating elec and gas the way to go?

[blownz]

Anyone that locked in years ago for 6.9 cents wasted a ton of money. You have to remember these companies are in business to make money. They wouldn't sign you up at a rate that they haven't determined will make them more money 9 times out of 10. And if you would actually save money, they company wouldn't be able to afford to pay people to walk around and sign you up on them.

My wife used to work for one of the companies that always tried to lock people into fixed price contracts and the employees all knew that you never, ever signed up for them. They always made more money on the suckers that thought they were being smart and locking in. One of our offices in Calgary locked in (an employee was an idiot) and in the last 3 years, that office has only saved money about 5 months and over paid every other month. Sometimes by more than double.

Same with the floating contracts that have a max price. Sounds great, but that max price might help you one month of the year, but they also sneak in a floor or additional fee on other months to make that and more back.

Just get a floating rate and don't sign long term.

[Tik-Tok]

I was locked in at a higher rate, and the math worked in my favor every year except the last one. I definitely wouldn't do it now though.

[schocker]

Yeah, was fixed for a while and am now on floating, looks like for the last month it was only $0.034/kwh + $0.01/kwh fee. Did go up from 0.02 +0.01 the month before.
Looks like i should lock in if it goes up on more cent here.

[ZenOps]

Everyones situation is different. Back when they had $100 per year back in rewards it was better for low consumption users.

The flat rates worked better for people like me who use 320 KW per month in summer and 7 GJ natgas in January. If you are an energy hog (over 1,500 KW and over 30GJ) then you probably were better off not using any plans. The 7.0 and 6.0 cent per kwh did work out fine for me at least.

PS: Still have to get a little bit of dollarama weatherstripping for screen door, I figure it might knock down another 0.2 GJ because I can feel the draft.

Fixed line fees are the vast majority of the bill for most users anyhow.

[ianmcc]

I recall hearing a lot of ads from Enmax promoting EasyMax and figured if Enmax was pushing it so hard to get people to sign up then it must be in their best interest not the consumer.
Why would a company promote a deal that makes them less money?

[ZenOps]

I always figured its because they are like a bank. Banks really like it if you lock in for term rates because it means they can "play" with the money a lot more. If you lock in for 90 days as opposed to 30 days, they might give you a tiny bit extra in interest rates.

Same with Enmax, they want to lock you into a contract to make sure you don't do something crazy like switch to that Greenfrog or stay with ATCO (which is silly because I'm pretty sure Enmax has a side deal with ATCO anyhow)

Shaw has been doing it for cable as well, locking in on one and two year rates to keep people from switching to third tier companies like Teksavvy (my current provider in Calgary for cable internet)

[RealJimmyJames]

Easymax wasn't a locked in program

[LilDrunkenSmurf]

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I recall hearing a lot of ads from Enmax promoting EasyMax and figured if Enmax was pushing it so hard to get people to sign up then it must be in their best interest not the consumer.
Why would a company promote a deal that makes them less money?

I always assumed it was for market share, to take customers away from Direct Energy and such.

[ZenOps]

Heads up that the light bulb rebates are back for six weeks in Alberta. I went out first thing in the morning to grab Superstores Sylvania 9 watt four pack for $2. They are dimmable and rated for outdoor use, pretty impressive for a fitty cent bulb.

[spikerS]

WOW, natgas prices surged like crazy! Just got our bill, and nat gas prices went from like $0.49 to $2.43! :EEK: electricity charges stayed flat.

I am now doing some research, we are on the easymax variable rate for nat gas, and I am trying to figure out what caused this huge spike.... What are the options out there right now?

[tha_bandit]

I dont get the enmax variable rate for natgas, $0.49/GJ for last month? With DERS it was $1.825/GJ (RRO). So enmax is different rates plus they add the 0.99/GJ on top...on their website, the floating rates were 0.8 for oct and 2.2 for nov?

[Disoblige]

Bump for 2018!

Electricity prices is trending up lately; are you guys locking in rates or staying variable?

I heard with the ATCO competition, some people at ENMAX are able to get a $50 credit before August 21 if they switch to fixed 5.49cents/kWh for 3 years.

[dj_rice]

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Bump for 2018!

Electricity prices is trending up lately; are you guys locking in rates or staying variable?

I heard with the ATCO competition, some people at ENMAX are able to get a $50 credit before August 21 if they switch to fixed 5.49cents/kWh for 3 years.

I tried. No dice for me. I'd end up losing my EasyMax credits to switch which = $100+ credits lost